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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (681973)10/31/2012 7:10:52 PM
From: i-node  Read Replies (1) | Respond to of 1572921
 
* I'm starting to get the impression that austerity doesn't work: "Euro zone unemployment set another record in September, official data showed Wednesday, with 18.49 million people out of work in a weakening economy. The jobless rate in the 17-nation currency union ticked up to 11.6 percent from the 11.5 percent in August."


Has someone proposed austerity as a short-term solution to unemployment? If so, I haven't heard it.

You can get a short-term bounce from the improved economic outlook resulting from competent fiscal management. But long-term, if you reduced unemployment it can come only from business. ONLY from business. And only with sound fiscal & monetary policy.



To: tejek who wrote (681973)10/31/2012 7:15:55 PM
From: PROLIFE  Respond to of 1572921
 
Tomorrow’s Tape: ADP Employment Report to Set Tone for Jobs Friday.
Wall Street Journal Blog ^ | 10/31/2012 | Steven Russolillo
October ADP jobs survey (8:15 a.m. Eastern Time) – Remember this is the first month that ADP is reporting its monthly data under its revised methodology. Under the old method, the September gain was 162,000, although figure was recently revised lower to 88,000. This report comes ahead of the government’s monthly jobs report on Friday

(Excerpt) Read more at blogs.wsj.com ...